Binance Leads with $21.6 Billion in Deposits in 2024, Outpacing Top 10 Exchanges Combined
Binance has solidified its position as the world’s leading cryptocurrency exchange, boasting $21.6 billion in customer deposits for 2024.
The figure surpasses the combined inflows of the next 10 largest exchanges, according to Binance’s December 12 report.
The exchange attributed its growth to increasing global adoption of digital assets, driven by regulatory progress, record-breaking cryptocurrency prices, and the approval of spot Bitcoin ETFs in key markets like the U.S. and Hong Kong.